Cyber insurance underwriters are reporting substantially higher claims losses in 2020 than in prior years and as a result face...
Fitch Ratings News
Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit...
AM Best is maintaining a negative market segment outlook on the United Kingdom non-life insurance segment, citing economic uncertainty as...
Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a...
The owners and charterers of ships unable to sail through the the Suez Canal for nearly a week face at...
CNA Financial Corp.’s financial ratings have not been affected by the insurer’s recent cyber attack. AM Best, S&P Global Ratings...
The blocking of the Suez Canal and resulting disruption to global shipping is likely to cause a large loss event...
The homeowners insurance industry is poised to shift to a modest underwriting loss for 2020, reports Fitch Ratings, citing losses...
The outlook of the global reinsurance sector is “stable,” which is mainly a reflection of hardening pricing conditions and tighter...
Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face...